COMP Rises 27%, Outperforming Bitcoin and Ether
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Compound’s COMP token gained 27% and outperformed Bitcoin and Ether, though the protocol’s total value locked remained below its late-September level.
Compound’s COMP token rose 27%, posting a stronger gain than Bitcoin and Ether, according to The Defiant.
COMP also outperformed both cryptocurrencies over seven-day and 28-day periods, extending its relative strength beyond the latest move.
Despite the token’s gains, Compound’s total value locked remained below its late-September level, highlighting a contrast between price performance and capital held in the protocol.
Source: The Defiant
